Brookfield Infrastructure (NYSE:BIP)(TSX:BIP.UN) today announced that it has agreed to issue 8,900,000 L.P. units, on a bought deal basis, to a syndicate of underwriters, co-led by RBC Capital Markets, Credit Suisse, HSBC and TD, at a price of $45.00 per L.P. unit (the “Offering Price”) for gross proceeds of $400,500,000 (the “Offering”). In addition, Brookfield Asset Management Inc. (NYSE:BAM)(TSX:BAM)(EURONEXT:BAM) and certain of its related entities (other than Brookfield Infrastructure) (collectively, “Brookfield”) will purchase, directly or indirectly, 8,101,850 redeemable partnership units of Brookfield Infrastructure’s holding limited partnership (“RPUs”) at the Offering Price (net of underwriting commissions) concurrent with the Offering. The aggregate gross proceeds of the Offering and the placement of RPUs to Brookfield will be $750,499,920.